Axis Business Cycles Fund

Fund at a Glance
NAV Growth (Rs.)	17.69
NAV Bonus (Rs.)	—
NAV IDCW (Rs.)	16.31
Min. Investment (Rs.)	100
Min. SIP Investment (Rs.)	100
Min. No of Cheques	6
Benchmark	NIFTY 500 TRI
AUM Rs.	2,089 Cr
	(As on 30-Jun-2026)
Expense	0.97%
1 Year Return (%)	3.88
3 Year Return (%)	14.65
5 Year Return (%)	—
10 Year Return (%)	—
Return Since Launch	18.08%

Suitable For Which Investors?
Business Cycle funds are suitable for investors:
1. Seeking exposure in a diversified set of stocks with a focus on riding business cycles for high returns
2. Aiming for long term wealth creation
3. With a 5+ year investment horizon
4. Who are at ease with the market’s ups and downs
Note:
• Invest only through SIP

Fund’s Investment Strategy:
The scheme seeks to provide long term capital appreciation by investing predominantly in equity and equity related securities with a focus on riding business cycles through dynamic allocation between various sectors and stocks at different stages of business cycles in the economy.

Fund Manager:

1) Ashish Naik
Education: Mr. Naik is a B.E from Mumbai University and MBA from XLRI, Jamshedpur.
Experience: Prior to joining Axis Mutual Fund he was associated with organizations such as Goldman Sachs and has over 7 years of experience as an Equity Analyst.

Investment Details

Min. Investment (Rs)	100
Min. Addl Investment (Rs)	100
Min. SIP Investment (Rs)	100
Min. Withdrawal (Rs)	—
Min. No of Cheques	6
Min. Balance (Rs)	—
Lock-in Period	NA
Exit Load	For units in excess of 10% of the investment, 1% will be charged for redemption within 365 days

Basic Details of Axis Business Cycles Fund

Fund House	Axis Mutual Fund
Launch Date	22-Feb-23
Return Since Launch	18.08%
Benchmark	NIFTY 500 TRI
Riskometer	Very High
Type	Open-ended
Assets	2,089 Cr
	(As on 30-Jun-2026)
Expense	0.97%
	(As on 30-Jun-2026)
Risk Grade	—
Return Grade	—
Turnover	110.00%